Verizon Shares Gain as Carrier Tops Q1 Earnings Forecasts

April 24, 2018

Shares gained 2%to $49.70 before the market open on Tuesday. Verizon is the first of the U.S. wireless carriers to report first quarter earnings. AT&T (T) reports Wednesday. Verizon earned $1.17per share on a non-Gaap basis, beatingsexpectations of $1.11 per share according to FactSet. Revenues of $31.8 billion were ahead offorecasts of $31.2 billion.  

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